Dow Wavers, Finishes Up 90

Poor Treasury auction saps some investor confidence
By Nick McMaster,  Newser Staff
Posted Mar 25, 2009 3:07 PM CDT
Trader David Ferencz works on the floor of the New York Stock Exchange prior to the opening bell.   (AP Photo)
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(Newser) – Stocks wavered today, with the indices posting gains but off session highs, the Wall Street Journal reports. A rise in durable-goods orders stoked an early rally, but enthusiasm was tempered by weak demand for US Treasuries in an auction. The Dow dipped into losses in the afternoon, but closed up 89.60 at 7,749.81. The Nasdaq gained 12.43 to 1,528.95, and the S&P 500 rose 7.63, settling at 813.88.